Case Study

Large Global Insurance Firm

A large, well established, global insurance carrier came to us looking to expand into the Cyber Market. They didn't want to see their customers continuing to go to other insurance carriers for their Cyber needs. We took the time to meet all the stake holders, provided them a decision tree in the routes they could go and then began to work on bringing it to life.

The Process

    Created policy language and rates
    Worked with internal compliance to file in all 50 states
    Created technology for automated rate, quote and bind
    Set up Claims and Incident Handling
    Established wholesale distribution network
    Set up bordereaux and reporting

The Results

In the first year we exceeded budgeted gross written premium by over 400%. The program was rated as a top 10 Cyber Insurance program. We handled all the incident intake, triage and claims handling. And we did this with the insurance carrier not having to hire even one additional staff to work on this program.

LET US BUILD YOUR CYBER INSURANCE PROGRAM FOR YOU